The Station at Martin
Fund Name | PLACE Proto-Fund |
Location | Martin, TN |
Targeted IRR | 25% |
Targeted Cash Flow | 15% |
Target Equity Multiple | 2.5X – 3.0X |
Summary
PLACE Proto-Fund offers accredited investors the opportunity to participate in PLACE Equity’s latest fund. The fund will acquire existing multi-family properties in high growth markets that have demonstrated substantial increases in population and continue to exhibit attractive long-term demographic indicators.
PLACE Proto-Fund is a $7M fund with plans to acquire quality, income producing, multi-family assets in the Southeastern and/or South Central United States, which are extremely desirable areas with forecasted high growth. Our focus is on Class A and B, garden-style communities with exceptional amenities and superior credit-worthy tenants. Check back soon for acquisition updates and property details.